No. of Recommendations: 1
“So I think of most of this gain as correction of an unfairly low valuation multiple rather than because of the kind of business turnaround that I had been hoping for. If they continue to show continued progress on the bits they have shown so far, I think there should be an opportunity to double this gain. So I am generally planning to hold for at least 1 year (another 6 months) before I revisit the thesis.”
This summarizes my thoughts as well (small position). Funny, my stock lots are net up 1%, Jan. ‘25 100 calls are down 15% & Jan ‘26 85 calls are up 95%. Watching and waiting for now.
